TechCrunch Mobility: Self-driving trucks startup Kodiak goes public and a shake-up at Hyundai’s Supernal

The article from TechCrunch Mobility highlights recent developments in the autonomous vehicle (AV) and transportation sector, emphasizing both progress and challenges. Gatik, an AV logistics startup, announced a significant multi-year partnership with Canada’s largest retailer, Loblaw, to deploy 20 autonomous middle-mile trucks by the end of 2025, with plans to expand to 50 trucks by 2026. These trucks will autonomously manage complex regional deliveries from two distribution centers to over 300 retail stores, marking a notable commercial deployment beyond fixed-route pilots. Additionally, Kodiak Robotics, a self-driving truck startup focused on highway, industrial, and defense applications, went public through a SPAC merger with Ares Acquisition Corporation II, valuing the company at approximately $2.5 billion. Kodiak raised over $212 million in financing, including PIPE funding and trust cash, although some SPAC investors redeemed shares. Founder and CEO Don Burnette explained that going public via SPAC was a strategic choice to access capital